CRISC · Question #555
A risk action plan has been changed during the risk mitigation effort. Which of the following is MOST important for the risk practitioner to verify?
The correct answer is B. Approval for the change by the risk owner. When a risk action plan changes, it is most important for the risk practitioner to verify that the risk owner has formally approved the change, as the risk owner is accountable for the risk and its treatment.
Question
A risk action plan has been changed during the risk mitigation effort. Which of the following is MOST important for the risk practitioner to verify?
Options
- AImpact of the change on inherent risk
- BApproval for the change by the risk owner
- CBusiness rationale for the change
- DRisk to the mitigation effort due to the change
How the community answered
(33 responses)- A9% (3)
- B73% (24)
- C3% (1)
- D15% (5)
Why each option
When a risk action plan changes, it is most important for the risk practitioner to verify that the risk owner has formally approved the change, as the risk owner is accountable for the risk and its treatment.
Changes to a risk action plan typically impact the residual risk, not the inherent risk, which exists prior to any controls or mitigation efforts.
The risk owner is accountable for the risk and the effectiveness of its mitigation; therefore, any changes to the risk action plan must be approved by them to maintain accountability and ensure acceptance of the revised approach.
While a business rationale is necessary for a change, verifying the rationale itself is less critical than ensuring the responsible party (risk owner) has formally approved it.
Identifying new risks to the mitigation effort is part of the change management process, but the primary verification is ensuring the risk owner has approved the modified plan after considering these factors.
Concept tested: Risk owner accountability for mitigation changes
Source: https://csrc.nist.gov/glossary/term/risk-owner
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